At PEOPLE'S, we recognize the importance of saving,

which is why we make it easy for our members. 

We also realize that everyone’s goals are different,

so we offer a wide range of accounts to meet your needs. 

From Youth Accounts to Term Certificate accounts,

People’s Federal Credit Union can provide you with

the deposit account that is right for you.

Regular Savings Account

Open a regular savings account with a deposit of $25 or more. Once you open your regular savings account you are a People’s Federal Credit Union member-owner.

As a member-owner, you are entitled to all the benefits of credit union membership including our loans, deposit and investment accounts, financial counseling, and other credit union branch products and services. NOTE: Members must meet the eligibility guidelines of the credit union to qualify for our loans.

Checkless Checking (ATM Card)

With an initial $5 deposit and no minimum balance, this account allows you to conduct transactions with an ATM card instead of checks. Use our ATM card to make purchases at your favorite retail locations and to get cash at ATM locations throughout the city and across the nation. You must have a regular savings account in order to have a Checkless Checking Account. A regular savings account can be opened when you open your Checkless Checking Account. For 24/day-7-day/week access to an ATM, visit the lobby of People’s FCU.

Holiday Club Account

Open this popular savings account with no minimum deposit. Save for the holidays by making deposits into the account throughout the year. Each year, funds in the account will be available for a lump-sum withdrawal between November 1 and December 31.  Early withdrawal penalties do apply for any withdrawals made from this account outside of the authorized withdrawal period.   Dividends are earned at the regular savings account rate.

Youth Savings Account

With a deposit of $10 or more a juvenile, age 11-17, may open this deposit account in his/her name without adult custodianship.  Make additional deposits at any time. Picture ID is required.  It is never too early to start a savings account at PEOPLE'S!

Custodial Youth Savings Account

This account will allow for children younger than 11 years of age to have an account at People's FCU.  Funds in this account are controlled by the adult custodian until the minor reaches at least 18 years of age.  Open this savings account in your child’s name with a deposit of $10 or more, and make additional deposits at any time.  The minor is the primary Credit Union member and gains access to the funds upon reaching adult age.  Use this savings account to contribute to the financial future of your children and get them in the habit of saving with adult supervision. 

Custom Savings Account

Our custom savings account is a savings account you open with a specific long-term savings purpose in mind.  For example, you may use the Custom Savings Account to deposit a certain amount each month for vacation or emergencies, while using the regular savings account for your daily transactions.  You must have a regular savings account to open the Custom Savings Account.

Business/Organization Savings Account

The Business/Organization Savings Account is a custom savings account.  Open this account at People’s FCU and know your business or organization is investing in the Oakland community and supports the mission of Self-Help Federal Credit Union.

By opening this account, your business or organization becomes a member-owner and is entitled to all the benefits of credit union membership including our loans, deposit and investment accounts, and financial counseling.

Term Certificates

Open these higher yield long-term savings accounts with a deposit of $500 or more. The dividend rate on a term certificate account is fixed for the duration of the term.  Certificate term lengths are 3, 6, 12, 24, 36, 48, or 60 months.  These long-term savings accounts allow you to earn a rate of return on your investment that is higher than most of our other deposit accounts.  Early withdrawal penalties do apply.

Economic Development Term Certificates

Demonstrate your strong commitment to investing in People’s FCU and serving our community by opening an Economic Development Term Certificate.  These certificates earn dividends at or below the rate of our corresponding traditional term certificates at the matching term.  Certificate term lengths are 3, 6, 12, 24, 36, 48, or 60 months.  The individuals, businesses, and organizations that have opened these accounts have been instrumental in the growth and impact of People’s FCU.  

These accounts allow organizations outside our field of membership to invest in the Oakland community by investing in PEOPLE'S. 

Membership and account disclosures

are available at the branch and by

browsing the application section of this website.